Straits Times Index
3,367.90 +29.33 (+0.88%) S&P 500
5,509.01 +33.92 (+0.62%) Dow
39,331.85 +162.33 (+0.41%) Nasdaq
18,028.76 +149.46 (+0.84%) Bitcoin USD
61,927.59 -1,342.70 (-2.12%) CMC Crypto 200
1,331.75 -12.76 (-0.95%)
Aditya Birla Fashion and Retail Limited (ABFRL.NS)
| Previous close | 322.50 |
| Open | 324.45 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's range | 317.10 - 331.00 |
| 52-week range | 192.95 - 335.25 |
| Volume | |
| Avg. volume | 7,523,626 |
| Market cap | 332.944B |
| Beta (5Y monthly) | 0.12 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | N/A |
- Reuters SG
Deals of the day-Mergers and acquisitions
** Private equity firm Advent International has agreed to buy Canada's Nuvei in an all-cash deal that values the Ryan Reynolds-backed payments technology firm at $6.30 billion. ** Apparel retailer Aditya Birla Fashion and Retail (ABFRL) said it was planning to demerge Madura Fashion & Lifestyle into a separate listed entity. ** Kimmeridge Energy Management said it remained ready to engage with SilverBow Resources over its takeover bid, days after the U.S. oil and gas producer rejected the latest offer that valued it at $2.1 billion including debt.
- Reuters
Aditya Birla Fashion to list flagship lifestyle brands as separate entity
Apparel retailer Aditya Birla Fashion and Retail (ABFRL) said on Monday it was planning to demerge Madura Fashion & Lifestyle into a separate listed entity. Madura Fashion consists of four lifestyle brands - Louis Phillippe, Van Heusen, Allen Solly and Peter England - and contributes to more than 70% of the company's total revenue, according to its latest quarterly earnings report. After the demerger, Aditya Birla Fashion said it would focus on luxury and premium brands such as Ralph Lauren and Fred Perry, while aiming to raise growth capital in 12 months to beef up its balance sheet.
